C

Citi

Runs banking and payments for global clients

Americas Head of Fund Accounting and Administration

Product ManagementConfirmed live in the last 24 hours
Full-timeBoston, MA, USA$170k - $300kHybrid

About the Job

Requirements

  • Extensive (12+ years) of senior leadership experience in fund services, securities services, asset servicing, asset management, or related financial services.
  • Deep expertise in Fund Accounting and Administration combined with demonstrated product-management and product-development experience.
  • Strong understanding of the global asset-management industry, investment products, regulatory environment, and competitive landscape.
  • Demonstrated ability to develop product strategies and translate them into commercially successful solutions.
  • Experience developing business cases and prioritizing significant technology and product investments.
  • Proven ability to lead complex, cross-functional product-development and transformation programs.
  • Strong commercial acumen with experience supporting sales, pricing, client strategy, and revenue growth.
  • Demonstrated ability to influence senior executives, clients, technology leaders, operations teams, and control functions within a complex global organization.
  • Exceptional communication and presentation skills.
  • A successful track record of delivering excellence for clients.
  • Ability to deliver effectively under time pressure and clarify ambiguity as needed to meet expectations.
  • Ability to promote teamwork and build strong relationships within and across global teams.
  • Ability to drive a positive Voice of the Employee rating each year and lead by example.
  • Demonstrated proficiency in artificial intelligence and machine learning concepts, with practical experience leveraging data analytics tools and methodologies to solve complex business challenges in a financial services context.
  • Bachelor's degree, university degree, or equivalent experience.

Responsibilities

  • Maintain end-to-end accountability for the regional Fund Accounting and Administration product portfolio throughout the product lifecycle.
  • Establish product priorities based on client demand, market trends, competitive positioning, regulatory developments, technology opportunities, and financial returns.
  • Maintain a comprehensive understanding of the competitive landscape and identify opportunities to strengthen the firm's market position.
  • Establish product governance, including prioritization, investment decisions, performance measurement, and lifecycle management.
  • Evaluate existing products and capabilities to determine where the firm should invest, enhance, standardize, consolidate, partner, or exit.
  • Lead development and commercialization of new Fund Accounting and Administration capabilities from concept through implementation and market launch.
  • Translate client requirements and market opportunities into clear product requirements and development priorities.
  • Identify opportunities to leverage artificial intelligence, automation, advanced analytics, application programming interfaces, cloud technologies, and data solutions to enhance the product offering.
  • Oversee integration of artificial intelligence and advanced data analytics to optimize fund accounting processes, enhance predictive capabilities, and drive data-driven decision-making.
  • Ensure new products are scalable, operationally sustainable, appropriately controlled, and commercially viable.
  • Align regional commercial strategy with the broader global business in partnership with Sales and Relationship Management.
  • Support revenue growth through new products, expanded capabilities, new client segments, and deeper penetration of existing client relationships.
  • Serve as executive product sponsor for strategic clients and major new-business opportunities in the region.
  • Engage directly with clients to understand emerging requirements, identify unmet needs, and shape the future product roadmap.
  • Provide product leadership for requests for proposals, major sales opportunities, client presentations, and strategic relationship reviews.
  • Partner with Finance and Sales on pricing strategy, product economics, investment decisions, and profitability.
  • Drive increased automation, straight-through processing, workflow management, exception-based processing, and data standardization.
  • Ensure technology investment aligns with client priorities, commercial opportunities, operational requirements, and measurable business outcomes.
  • Ensure new product development incorporates appropriate operational, regulatory, legal, compliance, technology, and information-security assessments.
  • Maintain appropriate oversight of outsourced and third-party components of the service offering.
  • Build and lead a high-performing organization with strong product, industry, technology, commercial, and operational expertise.
  • Develop senior leadership talent and succession plans for critical positions.
  • Create a culture focused on clients, innovation, disciplined execution, risk management, and commercial performance.
  • Represent Fund Accounting and Administration on senior business, investment, product, and governance committees.

Desired Qualifications

  • Qualified Accountant or an advanced degree.

About the Company

Citi

Runs banking and payments for global clients

Citi runs banking, investment and payment services for companies, governments and individuals around the world. Its global network connects institutions with local banking systems, while its US consumer business sells credit cards and deposit accounts. Corporate clients use Citi to manage cash, finance trade and raise capital, and investors use its trading, custody and wealth services to hold and manage assets. The bank earns interest on loans and fees from payments, securities transactions, financial advice and account services. Citi traces its banking roots to 1812; the Citigroup holding company was formed in 1998, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1812

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